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Why Steve McQueen canceled a $3 million life insurance policy

Spurred by the story of our ride in Steve McQueen's Jaguar XKSS, Richard Haight felt inclined to chime in with the fact that he not only raced motorcycles with (and against) McQueen, but knew him all the way until the King of Cool's death. Haight raced motorcycles on and off for 50 years. McQueen would come and race at the local American Motorcycle Association District 37, usually entering under assumed names like "Harvey Mushman" to enjoy some semblance of normality.

Jaguar Land Rover raise £500 million to fund expansion

Jaguar Land Rover raise £500 million Jaguar Land Rover is raising £500 million on the bond market to fund its expansion, including new models and new facilities. Hot on the heels of the Jaguar Land Rover joint venture deal with Chery in China comes the news that Jaguar has dipped in to the private bond market to raise £500 million to help with its bold and bullish plans to make JLR a major world player in the premium vehicle sector. JLR plans to invest £1.5 billion a year on expansion and is making sure its coffers can cope by issuing £500 million of senior notes due in 2020, with the net proceeds of the bonds being used for general corporate purposes.

Richard Petty's second Spring Fling car show set for Memorial Day weekend

Richard “The King” Petty and Petty's Garage will hold its second-annual Spring Fling Car Show on May 26 at the shop in Randleman, N.C. The show is open to all makes and models and is sponsored by the Automotive Lift Institute. This event, which includes a cruise-in on Friday night, is free to the public.